Let’s be clear....we’re in the Bitcoin thread, and our focus should be on Bitcoin. We use the term "Bitcoin enthusiast," not "crypto enthusiast" or any other label. Bitcoin is the only coin that stands strong for long-term investment. You can’t go wrong when you buy the dip and HODL....or even if you don’t wait for the dip....because Bitcoin will eventually rise over time. That’s its trend, and it’s almost its nature when you closely follow its movement.
When you say HODL, it’s about Bitcoin. Don’t be fooled by scammers trying to promote their altcoins, stealing the word "HODL," because those are purely scams.
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I never thought about that.
Did the phrase "To the moon" and other such phrases also originate in the Bitcoin community? Because if it did, all of them shitcoin "communities" merely copied their culture from the Bitcoin community. Especially when shitcoin "HODLers" behave like a big crash on their "asset" does't affect them. Perhaps they haven't discovered the fact that it's Bitcoin's network effects, true HODLer mentality, and the fact that it's NOT a scam that's making its price come back to previously high levels AND then surges over it in EVERY cycle.
Perhaps you are not the only one who has been missing out on some terminologies that were introduced in the Bitcoin community. However, it won't be a bad idea for new and old investors to know more about them, so I share some useful links.
1.
https://bitcointalk.org/index.php?topic=126798.02.
https://bitcointalk.org/index.php?topic=3321001.03.
https://bitcointalk.org/index.php?topic=2905959.04.
https://bitcointalk.org/index.php?topic=3296370.0I agree with you because I have also thought about it that EarnOnVictor is just trying to look for any other means to show that DCA strategy is wrong but he fails to be specific on what strategy he feels is better and why he feels that those other strategy are better than DCA, actually I still wonder how all he has said will be of any beneficial to a holder because when he talk about outsmarting the market he was not even particular on the kind of strategy he proposed to use in outsmarting the market that he believes to be superior than DCA strategy, so actually he doesn't really have any better strategy but instead he is just trying to displaying an assumption that isn't true because there is no any other better strategy to use in accumulation of Bitcoin other than the ones you have explain so far.
I wondered when EarnOnVictor deviated from an educative discussion to a competitive one. Ultimately, who cares who owns more Bitcoin than the other or whose strategies work well for them? Bitcoin investment is meant to be personal. We only share our experiences in this thread to benefit from others facing the same difficulties, share ideas, and come to a personal conclusion. If any other strategy works well for him then he should stick to it, rather than criticizing the DCA that many investors use to accumulate.